The Masked Tulip Posted January 28, 2011 Share Posted January 28, 2011 Online retailer Amazon misses target despite 36pc revenue jump. Snow to blame in Europe. Read more: http://www.dailymail.co.uk/money/article-1351349/Online-retailer-Amazon-misses-target-despite-36pc-revenue-jump.html#ixzz1CKJN4thr Buy the dip, buy the dip. Quote Link to comment Share on other sites More sharing options...
northwestsmith2 Posted January 28, 2011 Share Posted January 28, 2011 8% rise in profit as well, less than expected by the rampers. Quote Link to comment Share on other sites More sharing options...
WageslaveX14 Posted January 28, 2011 Share Posted January 28, 2011 Amazon's a great company, but the shares are ridiculously overvalued. I wouldn't buy even if the shares halved, which I understand would still leave them valued on a p/e of roughly 30-35!!! Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.